News
Chart of the Week: Indonesia’s card payments market to be worth $71.8b by end-2024
Chart of the Week: Indonesia’s card payments market to be worth $71.8b by end-2024
But point-of-sales terminal penetration remains low.
Thailand’s Krungthai Bank temporarily closes two branches
They will resume normal operations on 22 April.
DBS and OCBC expected to deliver steady Q1 net profits
Their net interest margins will ease as a result of their Hong Kong loans.
Taiwan’s Hua Nan’s asset quality to remain sound through 2025
Loans to SMEs and the property sector have improved, says Moody’s.
Property malaise weighs on China and Korean banks
Most of APAC banks have a stable outlook for 2024, says S&P.
India floats regulations for non-bank POS payment aggregators
They are required to apply authorisation from the RBI by May 2025.
Robust employment, stable housing market anchors CUB’s profits
But net interest margin will likely stay flat or contract mildly.
China boosts financial services to advance new industrialisation
Insurance funds should provide long-term stable financial support.
Mebuki's profits to improve but unrealised losses to rise
Its problem loans ratio is stable due to strong borrower quality.
Why tokenization and funding are two key issues for financial disruptors in 2024
HSBC's Vincent Lau a lineup of 250 speakers to discuss these at Money 20/20 Asia.
Techcombank’s Prasenji Chakravarti lays bare their ESG strategy
The bank is transforming its IT infrastructure to better process green data.
ING names ex-BofA Merril Lynch banker as APAC corporate finance head
Gautam Saxena also founded the venture capital fund Pegasus 7 Ventures.
Endowus launches full-service digital wealth platform in Hong Kong
It is also launching its flagship portfolios in May 2024.
SC Ventures, ENGIE Factory back conservation financing venture
The venture is expected to launch this year.
CIMB’s Dato’ Abdul Rahman Ahmad to step down as group CEO
CIMB has not named a successor yet.
Rising rates lift profitability of Japan’s 77 Bank
The same rising rates will increase the bank’s unrealized losses on its domestic bonds.
Funding to SEA fintechs drop 44% in Q1 but early-stage fintechs fly high
Funding to crypto firms more than tripled compared to Q4 2023.
Thought Leadership Centre
In Association with
Most Read
1. CIMB Philippines says fund transfer issue ‘resolved’ 2. UOB inks MOU with Accenture for AI adoption and application 3. Cambodia and Japan enable QR code payments between the two countries 4. HSBC group chairman Mark Tucker announces retirement 5. Standard Chartered appoints Noelle Eder as group head of tech & operationsResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
AI can help financial institutions’ marketing teams get the job done.
Commentary
The Asian connection: China's path to sustainable growth